Marine and Aviation Insurance

This specialised training course provides an in-depth understanding of marine and aviation insurance, two of the most complex and high-value sectors in the insurance industry. It explores the principles, policies, underwriting practices, and claims procedures that govern international trade, shipping, and aviation operations.

Participants will learn how insurers and reinsurers manage risks related to vessels, cargo, airlines, and aviation liabilities. The course also covers global regulatory frameworks, conventions, and market practices, offering insights into the interplay between insurance, logistics, and global commerce.

Section 1: Introduction to Marine and Aviation Insurance

• Historical evolution and significance in global trade.
• Core principles of insurable interest, utmost good faith, indemnity, and subrogation.
• The role of marine and aviation insurance in international commerce.

Section 2: Marine Insurance

• Hull and machinery insurance.
• Cargo insurance and transit risks.
• Freight, liability, and war risk coverage.
• Key conventions: Hague-Visby, Hamburg, and Rotterdam Rules.

Section 3: Aviation Insurance

• Aircraft hull and liability coverage.
• Passenger liability, third-party liability, and war risk coverage.
• Airport and ground-handling insurance.
• International conventions: Warsaw and Montreal Conventions.

Section 4: Underwriting and Risk Management

• Risk assessment for marine vessels, routes, and cargo.
• Aviation risk factors: aircraft type, routes, safety records.
• Role of reinsurance in managing large-scale risks.
• Case studies: shipping accidents and airline claims.

Section 5: Claims, Legal Frameworks, and Emerging Trends

• Claims procedures, settlement, and dispute resolution.
• Role of arbitration and international courts.
• Impact of climate change and cyber threats on marine and aviation risks.
• Emerging trends: drones, autonomous ships, and ESG considerations.

Upon successful completion of this training course, delegates will be awarded a Holistique Training Certificate of Completion. For those who attend and complete the online training course, a Holistique Training e-Certificate will be provided.

Holistique Training Certificates are accredited by the British Accreditation Council (BAC) and The CPD Certification Service (CPD), and are certified under ISO 9001, ISO 21001, and ISO 29993 standards.

CPD credits for this course are granted by our Certificates and will be reflected on the Holistique Training Certificate of Completion. In accordance with the standards of The CPD Certification Service, one CPD credit is awarded per hour of course attendance. A maximum of 50 CPD credits can be claimed for any single course we currently offer.